CHMI vs. NREF
CHMI (Cherry Hill Mortgage Investment Corporation) and NREF (NexPoint Real Estate Finance, Inc.) are both stocks. Both operate in the REIT - Mortgage industry within the Real Estate sector. Over the past 5 years, CHMI returned -12.58%/yr vs 6.79%/yr for NREF. At a 0.34 correlation, their price movements are largely independent.
Performance
CHMI vs. NREF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CHMI achieves a -4.91% return, which is significantly lower than NREF's 13.03% return.
CHMI
- 1D
- -1.27%
- 1M
- -3.32%
- YTD
- -4.91%
- 6M
- -4.25%
- 1Y
- -5.51%
- 3Y*
- -7.48%
- 5Y*
- -12.58%
- 10Y*
- -5.20%
NREF
- 1D
- 1.85%
- 1M
- 0.42%
- YTD
- 13.03%
- 6M
- 12.00%
- 1Y
- 24.59%
- 3Y*
- 15.74%
- 5Y*
- 6.79%
- 10Y*
- —
CHMI vs. NREF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CHMI Cherry Hill Mortgage Investment Corporation | -4.91% | 14.92% | -21.94% | -18.91% | -17.19% | 1.54% | -32.75% |
NREF NexPoint Real Estate Finance, Inc. | 13.03% | 2.28% | 13.51% | 17.36% | -8.90% | 27.81% | -3.83% |
Correlation
The correlation between CHMI and NREF is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2020 | 0.34 |
Fundamentals
CHMI:
$85.26M
NREF:
$765.15M
CHMI:
$0.61
NREF:
$2.26
CHMI:
3.84
NREF:
6.59
CHMI:
0.14
NREF:
0.06
CHMI:
1.91
NREF:
4.39
CHMI:
0.53
NREF:
1.97
CHMI:
$43.39M
NREF:
$155.54M
CHMI:
$35.08M
NREF:
$132.51M
CHMI:
$38.24M
NREF:
$152.30M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CHMI vs. NREF — Risk / Return Rank
CHMI
NREF
CHMI vs. NREF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cherry Hill Mortgage Investment Corporation (CHMI) and NexPoint Real Estate Finance, Inc. (NREF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CHMI | NREF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.18 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | 1.91 | -2.13 |
| Martin ratioReturn relative to average drawdown | -0.53 | 4.83 | -5.36 |
Loading charts...
Drawdowns
CHMI vs. NREF - Drawdown Comparison
The maximum CHMI drawdown since its inception was -81.93%, which is greater than NREF's maximum drawdown of -66.09%. Use the drawdown chart below to compare losses from any high point for CHMI and NREF.
Loading charts...
Drawdown Indicators
| CHMI | NREF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.93% | -66.09% | -15.84% |
Max Drawdown (1Y)Largest decline over 1 year | -24.83% | -12.92% | -11.91% |
Max Drawdown (3Y)Largest decline over 3 years | -40.96% | -24.00% | -16.96% |
Max Drawdown (5Y)Largest decline over 5 years | -61.98% | -44.78% | -17.20% |
Max Drawdown (10Y)Largest decline over 10 years | -81.93% | — | — |
Current DrawdownCurrent decline from peak | -63.70% | -3.98% | -59.72% |
Average DrawdownAverage peak-to-trough decline | -28.64% | -16.75% | -11.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.48% | 5.10% | +5.38% |
Volatility
CHMI vs. NREF - Volatility Comparison
Cherry Hill Mortgage Investment Corporation (CHMI) and NexPoint Real Estate Finance, Inc. (NREF) have volatilities of 6.74% and 6.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CHMI | NREF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.74% | 6.62% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 19.96% | 17.32% | +2.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.48% | 24.64% | +6.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.35% | 33.29% | -0.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.88% | 45.65% | -2.77% |
Dividends
CHMI vs. NREF - Dividend Comparison
CHMI's dividend yield for the trailing twelve months is around 19.31%, more than NREF's 13.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHMI Cherry Hill Mortgage Investment Corporation | 19.31% | 19.61% | 22.73% | 17.82% | 18.62% | 13.06% | 13.24% | 12.20% | 12.03% | 10.89% | 11.60% | 15.23% |
NREF NexPoint Real Estate Finance, Inc. | 13.45% | 14.20% | 12.75% | 17.40% | 12.59% | 9.87% | 8.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CHMI vs. NREF - Financials Comparison
This section allows you to compare key financial metrics between Cherry Hill Mortgage Investment Corporation and NexPoint Real Estate Finance, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
CHMI and NREF have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CHMI has higher volatility (6.74%) compared to NREF (6.62%). In terms of maximum drawdown, CHMI dropped -81.93% vs NREF's -66.09%.
NREF currently has the higher Sharpe Ratio (1.00 vs -0.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CHMI and NREF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer